Incremental Payment definition

Incremental Payment shall have the meaning given such term in Section 2.9 of the Credit Agreement.
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Incremental Payment shall have the meaning set forth in Section 2.2.8. Indebtedness shall mean, at any given time, the Principal Amount, together with all accrued and unpaid interest thereon and all other obligations and liabilities due or to become due to Lenders pursuant hereto, under the Note or in accordance with the other Loan Documents and all other amounts, sums and expenses paid by or payable to Lenders hereunder or pursuant to the Note or the other Loan Documents.
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Incremental Payment is defined in Section 2.07 of this Agreement.
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Examples of Incremental Payment in a sentence

  • Payment for Core M&O Services includes Non-Key Deliverables, Reports, and Transition Deliverables, which are not tied to an Incremental Payment Sum.

  • Pursuant to the Plan, in exchange for full and final satisfaction, compromise, settlement, release, and discharge of their Class 10 Senior Notes Claims, each Holder of an Class 10 Senior Notes Claim will receive its Incremental Payment and its Pro Rata share of (a) the New Common Stock, subject to dilution by the Management Incentive Plan, (b) the Takeback Debt, and (c) the Surplus Cash.

  • Within the School Facilities Account, a Project Subaccount and an Incremental Payment Subaccount were created.

  • No Incremental Payment shall be made by any Lender after such Lender's Termination Date (or, with respect to any B-Holder, after such B-Holder's Commitment Termination Date).

  • Upon the occurrence of a Trigger Event the Incremental Revenue shall be deemed to be $[*] and, subject to the conversion rights set forth in Section 3.2(d) and 3.3, the payment of the entire unpaid balance of the $10,000,000 Incremental Payment shall be immediately due and payable.

  • Liquid funds of EUR 4.1 million were acquired in this transaction.

  • If Celanese Shareholders who previously validly tendered their Celanese Shares for the Original Mandatory Offer Consideration requested the Incremental Payment the required funds would increase to approximately EUR116.4 million.

  • Buyer shall confirm the full payment of such Incremental Payment Amount in the next succeeding notice.

  • Sellers shall make such reimbursement to Buyer within five (5) business days of receipt from Buyer of written notice of Buyer's intention to make an Incremental Payment within ten (10) business days from the date of the notice.

  • Employees otherwise entitled shall not lose their State Incremental Payment whilst absent from work on leave with pay.


More Definitions of Incremental Payment

Incremental Payment. Pay for any partial hours worked will be in fifteen (15) minute increments.
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Incremental Payment has the meaning set forth in Section 3.1(a). “Incremental Recurring Amount” means, with respect to each Semi-Annual Date, an amount equal to the number of Conservation Event(s) that have occurred and are continuing after Incremental Base Amount(s) in respect thereof have been paid in accordance with the terms of this Agreement, as of such Semi-Annual Date times U.S.$150,000.
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Incremental Payment shall have the meaning set forth in Section 2.2.8.
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Incremental Payment has the meaning set forth in Section 4.1.
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Related to Incremental Payment

  • Supplemental Payment means any payments or transfers of things of value made to the District or to any person or persons in any form if such payment or transfer of thing of value being provided is in recognition of, anticipation of, or consideration for the Agreement and that is not authorized pursuant to Sections 313.027(f)(1) or (2) of the TEXAS TAX CODE, and specifically includes any payments required pursuant to Article VI of this Agreement.

  • Incremental Amount has the meaning specified in Section 2.14(a).

  • Maximum Incremental Amount means, at any time, the sum of (a) $1,400.0 million minus the Dollar Equivalent amount (measured at the time of incurrence) of New Term Loans, New Revolving Commitments and Permitted Alternative Incremental Facilities Debt previously established or incurred in reliance on this clause (a) plus (b) the aggregate Dollar Equivalent amount (measured at the time of prepayment or reduction) of Term Loans and Revolving Commitments outstanding on the Closing Date (or established pursuant to clause (a) above) that are optionally prepaid or optionally reduced (other than with the proceeds of long-term Indebtedness (other than borrowings under any revolving credit facility) and other than Revolving Commitments replaced with New Revolving Commitments) following the Closing Date and on or prior to such time (and, in the case of any prepayment of Term Loans pursuant to Section 2.08(d), based on the Dollar Equivalent amount (measured at the time of each applicable prepayment) expended by the Borrowers pursuant to such Section 2.08(d) and not the principal amount) plus (c) an unlimited amount so long as, in the case of this clause (c) only, on a pro forma basis (including the application of proceeds therefrom but excluding any increase in cash and cash equivalents and treating any New Revolving Commitments established pursuant to this clause (c) as fully drawn and all Permitted Alternative Incremental Facilities Debt incurred pursuant to this clause (c) as secured by Liens whether or not actually secured (but without giving effect to any substantially simultaneous incurrence of any New Term Loans, New Revolving Commitments or Permitted Alternative Incremental Facilities made pursuant to the foregoing clauses (a) and (b))), the Consolidated Secured Debt Ratio would not exceed 3.00 to 1.00 (it being understood that the Borrowers shall be deemed to have used amounts under clause (c) (to the extent compliant herewith) prior to utilization of amounts under clause (a) or (b)).

  • Rental Payments means the rental payments paid by the occupant of a unit, excluding any supplemental rental assistance to the occupant from the State, the federal government, or any other public agency, but including any mandatory fees or charges imposed on the occupant by the Owner as a condition of occupancy of the unit.

  • Fixed Incremental Amount has the meaning specified in the definition of “Permitted Incremental Amount.”

  • Available Incremental Amount has the meaning set forth in Section 2.14(d)(v).

  • Annual Payment The total amount payable to the Settlement Fund Administrator by the Settling Distributors on the Payment Date each year, as calculated by the Settlement Fund Administrator pursuant to Section IV.B.1.e. For the avoidance of doubt, this term does not include the Additional Restitution Amount or amounts paid pursuant to Section X.

  • Incremental Term Loan Repayment Dates means the dates scheduled for the repayment of principal of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

  • Scan increment means the amount of relative displacement of the patient with respect to the CT x-ray system between successive scans measured along the direction of such displacement.

  • Incremental Term Loan has the meaning set forth in Section 2.14(b).

  • Incremental Term Note means a promissory note made by the Borrower in favor of an Incremental Term Lender, evidencing Incremental Term Loans made by such Incremental Term Lender, substantially in the form attached to the Incremental Term Supplement.

  • New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Incremental Term Commitment means, with respect to any Lender, the commitment, if any, of such Lender, established pursuant an Incremental Facility Agreement and Section 2.21, to make Incremental Term Loans of any Series hereunder, expressed as an amount representing the maximum principal amount of the Incremental Term Loans of such Series to be made by such Lender.

  • Additional Payment has the meaning given in clause 11.1 (Right to repay the Facility early).

  • Incremental Term Loans has the meaning specified in Section 2.14(a).

  • Incremental Term Facility has the meaning assigned to such term in Section 2.22(a).

  • Incremental Term A Loans has the meaning specified in Section 2.14(a).

  • Incremental Term B Loans has the meaning specified in Section 2.14(a).

  • Incremental Term Loan Installment Date shall have, with respect to any Class of Incremental Term Loans established pursuant to an Incremental Assumption Agreement, the meaning assigned to such term in Section 2.10(a)(ii).

  • Increment means the amount per annum provided as a rate of increase in the applicable salary payable to any eligible employee, which unless the context of the relevant approved pay range otherwise clearly indicates, may be granted annually on the applicable anniversary dates.

  • Tax Increment means the difference between:

  • Total Payments means those payments so described in Section 6.2 hereof.

  • Incremental Term Commitments has the meaning set forth in Section 2.14(a).

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).